MMX Communications Services Limited
Registered name: MMX COMMUNICATIONS SERVICES LIMITED
Part of Txo Delta Topco Ltd groupMMX Communications Services Limited made £11.9m revenue and £856k profit in the year to 31 Dec 2025. read from filing text
MMX Communications Services Limited’s revenue was £11.9m in the year to 31 Dec 2025, with £856k profit and 84 employees. The company is classified under “wired telecommunications activities” and is based in Solihul; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Solihul, West Midlands
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company's immediate parent company is TXO Systems Limited, a company registered in England and Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £9.4m | £11.5m | £8.5m | £11.9m |
| Cost of sales | £6.7m | £8.1m | £5.5m | £7.8m |
| Gross profit | £2.8m | £3.4m | £3m | £4.1m |
| Operating profit | £927k | £1.3m | £676k | £580k |
| Profit before tax | £918k | £1.3m | £680k | £574k |
| Profit after tax | £835k | £1.1m | £574k | £856k |
| Profit (best available) | £835k | £1.1m | £574k | £856k |
| Staff costs | £3.5m | £4.2m | £4.1m | £5.5m |
| Employees (average) | 90 | 101 | 90 | 84 |
| Ratios | ||||
| Profit margin | 8.9% | 9.3% | 6.7% | 7.2% |
| Gross margin | 29.3% | 29.7% | 35% | 34.5% |
| Revenue per employee | £105k | £114k | £94.6k | £141k |
| Profit per employee | £9.3k | £10.6k | £6.4k | £10.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲22.4% | ▼26.1% | — |
| Profit growth | — | ▲28.5% | ▼46.6% | — |
| Headcount growth | — | ▲12.2% | ▼10.9% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £483k | £474k | £549k | £200k |
| Net assets | £1.9m | £985k | £1.6m | £2.4m |
| Fixed assets | £309k | £425k | £369k | £330k |
| Current assets | £5m | £6.6m | £4.2m | £3.9m |
| Debtors | £1.4m | £1.7m | £1.7m | £1.3m |
| Deferred income | £363k | £346k | £327k | £420k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 7.2%
- Profit ÷ revenue.
- Gross margin
- 34.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £141k
- Revenue ÷ average employees.
- Profit per employee
- £10.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now £2.4m
- Cash at bank
- —
- Now £200k
- Headcount
- —
- Now 84
- Deferred income
- —
- Now £420k
- Fixed assets
- —
- Now £330k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Txo Delta Topco Ltd (registered outside the UK register)ultimate parent75–100%
- Txo Delta Midco Limited75–100%
- Txo Delta Bidco Limited75–100%
- Txo Systems Ltd75–100%
- MMX Communications Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £856k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.